A bill to provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, to amend the Internal Revenue Code of 1986 to provide incentives for energy production and conservation, to extend certain expiring provisions, to provide individual income tax relief, and for other purposes.
Senate Vote count - 74 Yea, 25 Nay, 1 Not Voting(Kennedy - I think he can be excused what with the deadly brain tumor and all)
Vote breakdown is located HERE
Interesting note on this bill. There have been numerous additions made to this bill, to the tune of $110 BILLION. So the grand total on this bill is more than $800 Billion.
From CNN.com: "Most of the $110 billion in additions, such as a tax credit for research and development and an increase in insurance for bank accounts, would have broad economic impact."
"The Taxpayers for Common Sense also reports that the proposal includes such mouthwatering morsels as these:
Some of the additions to this bill have NOTHING to do with the current economic "crisis" that we are facing. All they are is more pork to sweeten the bill for certain constituencies. Pork.
I was under the impression that Senator McCain was "Anti-Pork." If that is so, then why would he vote in favor of a bill that includes $110 Billion in additions? Discuss.